Banking

January 15, 2018

Welcome aboard Bosch, Coalesce.info and TradeIt!

During 4Q17, we added three new 3rd party services to our growing partner ecosystem on the IBM Cloud platform. From IoT to A.I. to wealth management, we're adding more services to give you, our developers, the services you need for build compelling digital solutions.

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December 1, 2017

The Evolution of Banking: Yantra’s A.I.-enabled smart account

The nature of money has evolved for a millennia and has now become fully digitized. Thousands of years ago, a bank account -- if you can call it that - likely consisted of a bag of coins or shells that were stashed away safely. During the Middle Ages, the double-entry accounting system was established, signaling the emergence of payments and the double-entry ledger then became the norm. This supported the movement of money across great distances. It also enabled money to be stored safely with a central party who could track and access those funds at different locations. This also facilitated the concept of credit, effectively paving the way for modern-day banking.

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